All the stories tagged with business
RIM may be split in two, is this the final chapter of a great story?
06/24/2012, As the layoffs have begun, RIM has reportedly hired JP Morgan and RBC Capital to look at “strategic options” according to Reuters, and among the ideas that came out it, RIM may have been advised to split its business in [...]
iPhone may be assembled in the U.S, “one day”
05/29/2012, Tim Cook, Apple’s new CEO has publicly mentioned that the iPhone -which represents 50% of Apple’s business- may be “one day” assembled in the United States. While this will certainly not happen overnight, this may give hope to a consumer [...]
Facebook hiring to build a smartphone? [again]
05/27/2012, This is a topic that has been going on and off, but here it goes again: Facebook is said to be hiring smartphone hardware and software engineers in order to build its own smartphone. That’s what Nick Bilton from the [...]
GameStop now selling Steam Wallet cards in all store locations
05/14/2012, Video game and entertainment software retailer GameStop has announced that it will start selling Steam Wallet cards for Valve’s Steam platform starting May 15. In partnership with Valve, GameStop will bring Steam Wallet to all GameStop locations in the U.S. [...]
iPad and iPod POS system used in a New York restaurant
05/11/2012, Oh, the wonderful things that you can do with an iPad. Business partners Steve Escobar and Hugo Salazar wanted their own restaurant in New York to stand out. Their strategy was to make their restaurant look cool while saving money [...]
Sony expects ROI after huge loss in 2011
05/10/2012, Sony posted a record net loss of $5.74 billion for the fiscal year 2011. But the Japanese consumer electronics company said that it expects a return of profit this year as it cuts losses on its TV business, which has been [...]
Samsung acquires mobile cloud content provider mSpot
05/09/2012, Samsung has announced today that it has acquired mSpot, a mobile cloud content service provider based next door in Palo Alto, California. In case you don’t know much about mSpot, the company, formed in 2004, is a provider of [...]
Facebook IPO: Price Range Set Between $28 and $35 Per Share
05/03/2012, According to an article by Evelyn M. Rusli on the Dealbook / New York Times, Facebook sets the share price for its IPO at between $28 and $35 per share, a pricing that could value the company at around $86 [...]
Gree acquires mobile game maker Funzio
05/01/2012, Funzio, the fast-growing maker of hardcore mobile and social games, has been acquired by the Japanese mobile social network Gree. Funzio’s got three games that are currently in the App Store’s top 25 grossing apps list. These top-grossing games are [...]
Google invests $300 million for a new data center in Iowa
04/26/2012, It was well over three years ago when Google invested a whopping $600 million in a data center located in Iowa to support its services – Gmail, Maps, and Search. The data center proved to be a great investment for [...]
Qualcomm Hits Records Revenues in Q1
02/01/2012, Qualcomm has just announced record revenues for the first quarter of 2012 (Q1 2012), which is no small feat given that the company is already flying high. For comparison, the revenues of $4.68B are up 14% from last quarter, and [...]
Samsung revenues and profits soar
01/26/2012, Samsung has reported that its quarterly earnings have soared, thanks to record sales of the Galaxy line of smartphones. In the end, Samsung’s profit has gone up by 76% year over year, and up 25% quarter to quarter. Both figures [...]
Microsoft earnings don’t detail Android’s contribution
01/19/2012, Earlier today, Microsoft has announced its earnings which have met investors expectations, at least when it comes to the overall revenues and profits. Some reports have been dramatizing the 6% drop of the Windows business, but it is probably due [...]